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Rocket Internet

Rocket Internet Take-off Fails to Develop Full Thrust

Rocket Internet, one of the most anticipated European tech listings since the dotcom bubble, disappointed on its Frankfurt debut amid investor concern about its ability to create successful ecommerce start-ups.  Shares in Rocket shed 12.9 per cent to €37, the second worst start to trading for any initial public offering raising more than $500m in Europe or the US in ... Read More »

Rocket Internet IPO Priced at US$8.4bn (6.5bn Euro)

The Berlin-based startup incubator by the illustrious name Rocket Internet has set the price range for its initial public offering, which could value the company as high as $8.4 billion (6.5 billion Euros.)  Following in the footsteps of Alibaba’s recent IPO Rocket Internet has an ambitious mission to become the world’s largest Internet platform outside the United States and China. ... Read More »